Key Points
- John Scott Pagan sold 20,163 shares of The Descartes Systems Group (TSE:DSG/NASDAQ:DSGX) on April 13 at an average price of C$90.83, generating about C$1.83 million and reducing his stake to 127,639 shares (a 13.64% decrease).
- The stock opened at C$104.62, the company has a market cap of C$9.0 billion and a P/E of 55.95, with a 52‑week range of C$85.26–C$162.10; the last quarter showed EPS of C$0.65 on C$239.7M revenue and a net margin of 22.47%.
- Analysts have recently upgraded DSG—Rothschild & Co Redburn and Barclays raised it to "Strong Buy"—and MarketBeat reports a consensus rating of Strong Buy (three Strong Buy, one Buy).
The Descartes Systems Group Inc. (TSE:DSG - Get Free Report) (NASDAQ:DSGX) Director John Scott Pagan sold 20,163 shares of the company's stock in a transaction dated Monday, April 13th. The shares were sold at an average price of C$90.83, for a total transaction of C$1,831,405.29. Following the transaction, the director directly owned 127,639 shares of the company's stock, valued at C$11,593,450.37. This represents a 13.64% decrease in their position.
The Descartes Systems Group Stock Up 0.7%
Shares of DSG opened at C$104.62 on Friday. The company has a 50-day simple moving average of C$94.97 and a 200-day simple moving average of C$111.86. The firm has a market capitalization of C$9.00 billion, a P/E ratio of 55.95, a P/E/G ratio of 2.39 and a beta of 0.07. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.85 and a current ratio of 2.16. The Descartes Systems Group Inc. has a 52 week low of C$85.26 and a 52 week high of C$162.10.
The Descartes Systems Group (TSE:DSG - Get Free Report) (NASDAQ:DSGX) last announced its quarterly earnings data on Wednesday, March 11th. The company reported C$0.65 EPS for the quarter. The business had revenue of C$239.67 million during the quarter. The Descartes Systems Group had a net margin of 22.47% and a return on equity of 10.76%. On average, equities research analysts expect that The Descartes Systems Group Inc. will post 3.3498285 earnings per share for the current year.
Analyst Ratings Changes
A number of analysts recently weighed in on DSG shares. Rothschild & Co Redburn raised shares of The Descartes Systems Group from a "hold" rating to a "strong-buy" rating in a research note on Thursday. Barclays raised shares of The Descartes Systems Group from a "hold" rating to a "strong-buy" rating in a research note on Monday, January 12th. Three analysts have rated the stock with a Strong Buy rating and one has assigned a Buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Strong Buy".
Read Our Latest Report on The Descartes Systems Group
About The Descartes Systems Group
(
Get Free Report)
Descartes powers more responsive, efficient, secure and sustainable international and domestic supply chains by uniting logistics-intensive businesses on its Global Logistics Network ('GLN'). Shippers, carriers, and logistics service providers connect and collaborate on the GLN, leveraging technology, data and artificial intelligence ('AI') to manage last mile deliveries, domestic and international shipments, transportation rating and payment, global trade research, customs compliance and a variety of regulatory processes.
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